NYC is never short on tech investment. This last quarter saw millions of dollars going toward different innovations in the space, and October continued that trend. Read on to see which local tech companies led the charge last month.
#5. $170 million, October 11
The pet wellness industry is expanding rapidly, just as Bond is with its recent addition of $170 million in fresh funding in a round led by private equity giant Warburg Pincus. The company provides telehealth services for pets at an affordable price. The money raised will be used to increase its footprint.
#4. $180 million, October 26
Augury uses AI to help companies like Hershey’s and Colgate maintain the machines in their production and distribution facilities. The company has just reached $1 billion in valuation as it continues to grow in the tech scene. The latest investment will be used to fuel its international expansion. The company’s NYC office is hiring for multiple roles.
#1 (tied). $200 million, October 26
The robotics-based fulfillment company reached $1 billion in valuation after its latest funding round led by Temasek. The funding will help Fabric support its e-commerce customers compete with Amazon. The company is now working to bring its robotics and micro-fulfillment technology to other sectors, like the grocery space.
#1 (tied). $200 million, October 7
Chronosphere, a provider of the leading observability platform, raised $200 million from investors including General Atlantic and added distributed tracing capabilities to its platform. The added funding also brings the company to unicorn status. The funding will go toward growing the company’s team and technical capabilities.
#1 (tied). $200 million, October 21
Corporate edtech startup 360Learning is expanding internationally after raising $200 million from investors including SoftBank and Silver Lake. The company provides collaborative learning, letting companies form their own learning plans to distribute to its employees. The company plans to hire up to 300 new faces to join its team.
